Author Topic: I bought tons of LTC at $31 like 2 days ago before the crash.....  (Read 54493 times)

Offline Dafar

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Some please reassure me it's going back to that price :(


Thinking if I should buy more right now to make up some of the loss if it goes up a little bit, but not sure if I should wait for it to go back to $12 again...


thoughts? comments?

Offline TheMage

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #1 on: December 22, 2013, 06:16:17 PM »
Hold them a few month into 2014, the price will go back up a good amount  ;).

Offline beekeeper

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #2 on: December 22, 2013, 06:20:20 PM »
Eventually it will go back to that price and much more. However, it is hard to say when, maybe in few days, maybe in few weeks.

Offline Dafar

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #3 on: December 22, 2013, 06:29:08 PM »
Thanks guys :)

Anyone buying more right now? Do you guys think $17 is a cheap price at this point?


Offline illpoet

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #4 on: December 22, 2013, 06:36:22 PM »
yeah, the cycle of litecoin/bitcoin goes like this: it shoots up way high, then drops back down to about half its peak, which is usually about 5 times higher than its previous peak.  then it levels out about half its peak for awhile, usually between 2-3 months, then it shoots up way high again, to roughly 5 times what its previous peak was.  The trick is to have patience and faith.  I sold a big chunk of ltc @ 55 usd (on litetree.com) then bought all of them back @ 38 bucks which in hindsight i wish i had waited but whatever.  Don't worry I think january is going to be huge for crypto in general. this could very well be the year that crypto starts to gain widespread acceptance.  I think 17 is a decent price, but its weird with crypto, every time i've said "no im not going to buy because the price is too high" i've regretted it.

Offline manfred

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #5 on: December 22, 2013, 06:43:43 PM »
The price will go back up to that level and way beyond it just a matter of time, short term it may even go down further. Don't expect to much the next weeks.

Offline litecoinninja

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #6 on: December 22, 2013, 07:02:51 PM »
maybe buy some more, make sure not to put all your eggs in one basket.  I am hearing good things about nextcoin but cant work out where to get any

Offline E46crypto

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #7 on: December 22, 2013, 07:13:37 PM »
Anything under $20 sounds like a good buy to me.

Offline manfred

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #8 on: December 22, 2013, 07:24:22 PM »
maybe buy some more, make sure not to put all your eggs in one basket.  I am hearing good things about nextcoin but cant work out where to get any
Had a look at nextcoin a couple of times, cant figure out why its raising so much, up 100% today, past namecoin and quark #5 now
No exchange want touch it and you only can get it at the second generation cryptocoin exchange (seriously)
http://dgex.com/index.htm wtf
Well came across this: https://litecointalk.org/index.php?topic=8796.msg63719#msg63719


Anything under $20 sounds like a good buy to me.
That really depants on the available coins. Are u saying 19.99 is a good buy for a doge
« Last Edit: December 22, 2013, 10:00:38 PM by manfred »

Offline Giga

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #9 on: December 22, 2013, 07:53:53 PM »
you can buy more to lower your cost average, or you can just hold on to what you have and wait for the price to appreciate.


Offline JayAce81

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #10 on: December 22, 2013, 09:19:02 PM »

Buy Buy Buy!!


 :)

Offline manfred

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #11 on: December 22, 2013, 09:27:49 PM »

Buy Buy Buy!!


 :)
Nothing left to buy already all in.

Offline JayAce81

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #12 on: December 22, 2013, 11:05:37 PM »

Buy Buy Buy!!


 :)
Nothing left to buy already all in.


Good luck to you sir.... Good luck to us all  8)

Offline Exposured

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #13 on: December 22, 2013, 11:37:33 PM »
Ofcourse we all hope litecoin is going up in value. But i think it will. It just will take some time.

Offline infinitepeace

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Re: I bought tons of LTC at $31 like 2 days ago before the crash.....
« Reply #14 on: December 23, 2013, 12:54:14 AM »
buy more and lower your average price imho.  Consider mining to create a constant stream of new LTC.